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1.0¢ bmg resources limited

you won't consider to sell it if it really has the potential,...

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Trade4Profit88

9,580 Posts.

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03/04/24

16:13

Post #: 73171624
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Originally posted by sydney6791: ↑

The maiden MRE for Abercromby is 11.12Mt @ 1.45 g/t Au for 518,000 oz Au. This resource is a subset of a global resource estimate containing about 670,000 oz Au at a 0g/t Au lower cut-off.

Significantly, the MRE includes high-grade zones with an attractive 4.6Mt @ 2.4 g/t Au for 360,000 oz Au (cut-off of 1.2 g/t).

With gold price soaring to record high, BMG’s gold project now looks undervalued.

Upcoming Lithium exploration has extra potential as well.

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you won't consider to sell it if it really has the potential,

LRV
1,036,000 oz Au or 1,415,000 oz AuEq
M/C $19.5m

RXL
2,300,000 oz Au
M/C $68.3m

BMG
518,000 oz Au (36% of LRV, 22% of RXL)
M/C $8.2m

it doesn't look like its undervalue at all, imo.'
if it's that good they will not tell you they are also considering to sell it.

BMG Price at posting: 1.3¢ Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

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(20min delay)
Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $6.338M

Open	High	Low	Value	Volume
1.0¢	1.0¢	1.0¢	$22	2.2K

Buyers (Bids)

No.	Vol.	Price($)
2	547900	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	781862	4

View Market Depth

No.	Vol.	Price($)
2	547900	0.010
2	200000	0.009
5	845125	0.008
6	1732544	0.007
2	10250000	0.006

Price($)	Vol.	No.
0.011	781862	4
0.012	704545	2
0.013	611813	4
0.014	502964	4
0.015	1073336	5

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BMG (ASX) Chart